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Are there any tax credits available for paying property taxes?

Curious about Property Taxes

Are there any tax credits available for paying property taxes?

In India, there are no tax credits available for paying property taxes. However, property taxes paid on a selfoccupied property are allowed as a deduction from the taxable income of the owner under Section 24 of the Income Tax Act, subject to certain conditions. The deduction is limited to INR 2 lakh per financial year.

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